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Hongkong Land Holdings ( (GB:HKLD) ) has provided an announcement.
Hongkong Land Holdings Limited announced a market repurchase of 245,000 of its ordinary shares, with prices ranging from US$6.02 to US$6.10 per share. This move, in line with the Financial Conduct Authority’s rules, results in the cancellation of the repurchased shares, impacting the company’s share capital and potentially affecting shareholder calculations regarding voting rights and interest notifications.
The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.30 price target. To see the full list of analyst forecasts on Hongkong Land Holdings stock, see the GB:HKLD Stock Forecast page.
More about Hongkong Land Holdings
Hongkong Land Holdings Limited operates in the property investment, management, and development industry, focusing on prime commercial and residential properties across Asia, particularly in Hong Kong and Singapore.
Average Trading Volume: 6,805
Technical Sentiment Signal: Buy
Current Market Cap: $13.22B
Learn more about HKLD stock on TipRanks’ Stock Analysis page.